Is it any wonder that leaders are overwhelmed? It’s not just the pace of change, extreme events, or challenges to existing mental models. It is the sheer number of building blocks that currently exist, and those that are emerging. Factor in convergence occurring across these building blocks, and you have a recipe for uncertainty, unpredictability and an overwhelming number of possibilities. It was the book titled The Second Machine Age written by Andrew McAfee and Erik Brynjolfsson, where the point was underscored.Continue reading
Andrew McAfee and Erik Brynjolfsson – Authors of The Second Machine Age – wrote a new book which they launched in the middle of this year. Machine, Platform, Crowd: Harnessing Our Digital Future builds upon their first book, exploring three big trends that are reshaping the business world:
- The rapidly increasing and expanding capabilities of machines
- The large and influential young companies (Platforms) that bear little resemblance to the established incumbents in their industries, yet are deeply disrupting them
- The emergence of the crowd: the large amount of human knowledge, expertise, and enthusiasm distributed all over the world and now available
I just finished reading a new book titled The Second Machine Age written by Andrew McAfee and Erik Brynjolfsson – both from MIT. The book is a must read for leaders everywhere. Its journey offers a view into the potential societal, economic, and business impact of technological advancement in the digital age. Although I am fascinated by each of these, my interest in summarizing this book is to connect their perspective to the future of business. Consistent with my recent disruption theme, the question is: how does the world that the authors envision impact the future of business?